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expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM
expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

(For Qualifying Buyers)

$52,990

$52,990

12,285 Comments 2,617,354 Views
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Deal Details
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

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Top Comments

TofuVic
19698 Posts
27789 Reputation
If anyone is interested in hard numbers to figure out how much less expensive it is now compared to Tesla's best deal of 2022 - $7,500 discount with 10,000 free Supercharger miles - I bought a Tesla Model Y Long Range 7-Seater with white interior in late December 2022.

Excluding taxes and fees, I paid $63,940. It's now $59,630, which is $4,310 less, and it is eligible for the $7,500 tax credit. That means if I didn't buy it in December and bought it today, I would have saved $11,810 + sales tax, so a bit over $12,000 in savings I missed. (I got 10,000 Supercharger miles, which is worth somewhere between $500 and $1,000.) With taxes and fees, I paid $71,578.55 in total.

For those who do order, I recommend this Tesla Prep guide [glideapp.io] to check for build quality issues on delivery day.

I hope this helps,
Tofu Vic
oceanone
1290 Posts
286 Reputation
Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission.

The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional upgraded product branded as "Full Self-Driving." Tesla FSD beta software offers some automated driving features but is not a self-driving system.

The luxury EV-maker has long claimed it could reach full autonomy through a "vision only" approach that shuns other sensors like lidar and radar in favor of cameras and a deep neural network that quickly processes a vehicle's surroundings and responds in real time. Tesla CEO Elon Musk previously promised to "solve" full self-driving by the end of this year (he's also promised Tesla would get there every year for roughly nine years now). He has recently admitted the problem will take longer to solve.

And perhaps, as every other autonomous vehicle technologist says, it's not actually achievable yet through cameras alone.

The company began removing radar from its vehicles last May. In October, Tesla removed its 12 ultrasonic sensors from Model 3 and Model Y vehicles built for North America, Europe, the Middle East and Taiwan. Ultrasonic sensors measure distance via ultrasonic waves and are used as proximity sensors to support anti-collision safety systems, particularly in parking use cases.

Now it appears radar is back. It's not yet clear which models will get the new radar. The type of radar Tesla intends to market next year is of a frequency that's allocated by the FCC for ADAS use cases, according to Ram Machness, chief business officer at Arbe Robotics, which produces ultra-high-resolution 4D imaging radar.

Tesla had originally filed with the FCC to use the new radar — which is described in filings as "76-77 GHz Automotive Radar" — in its vehicles back in June.

"From the frequency of operation (76-77GHz) as well as the mechanical design of the sensor from Tesla's FCC filing, it appears that this radar would be utilized in ADAS applications," Steven Hong, VP and general manager of radar technology at semiconductor company Ambarella, told TechCrunch.

He noted that while the performance of this "edge" radar sensor will be limited, it's a positive development that Tesla is looking to add radar to its perception stack for safety-critical, robust performance.

Earlier this year, the FCC had granted a confidential treatment to Tesla in order to keep the details of the new radar under wraps. Late last month, Tesla applied to extend that confidentiality treatment another 60 days from its date of expiration, which is December 7.

i hope this answers your question
AkumaX
13111 Posts
2952 Reputation
edit: ACTUAL LINK TO DEAL https://www.tesla.com/modely/design (SD's link goes to existing inventory page)
Wayback Machine if anyone wants to do some research: https://web.archive.org/web/20220...ely/design

I'll throw out some notable 'milestones' , focusing only on the Model Y LR base model:

* Feb 2021 - $49,000 - Roughly the lowest price for the Y LR (not including the SR @ $42k)
From this point forward, Tesla started increasing the price about $1-2 every month or so, until it peaked out at $66,000. Ex:
* May 2021 - $51,000
* July 2021 - $53,000, etc...
* Feb 2022 - $59,000, etc...
* July 2022 - $66,000 <-- peak
* Dec 1 2022 - $66,000 (-$3750 credit/refund)
* Dec 15 2022 - $66,000 (-$7500 credit/refund)
* Jan 1 2023 - $66,000 back to peak (-$7500 fed tax credit only on 7-seater)
* Jan 13 2023 - $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Jan 23 2023 - $53,500 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Feb 4 2023 - $55,000 (-$7500 fed tax credit on all models)

12,284 Comments

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Feb 09, 2023 03:45 PM
2,949 Posts
Joined Mar 2012
cyclops13Feb 09, 2023 03:45 PM
2,949 Posts
Quote from CycloneFW :
4.99% - My check arrived yesterday. It could be another 0.25% less if you were buying an EV from a traditional dealer and use the car buying service.

For reference, my other two Teslas with DCU are 1.49% and 1.74%, but of course I didn't get the loan in 2022-3.
Damn. Thats quite a bump from last year.

The best rate I can get is 3.75 from my local credit union. Should I just go for it and stop wasting time looking for more options?
Feb 09, 2023 03:47 PM
1,015 Posts
Joined Mar 2019
CycloneFWFeb 09, 2023 03:47 PM
1,015 Posts
Quote from cyclops13 :
Damn. Thats quite a bump from last year.

The best rate I can get is 3.75 from my local credit union. Should I just go for it and stop wasting time looking for more options?
3.75% is isn't bad. GCFCU and Tower are lower than that, but for both you would want to get a loan elsewhere and refinance as they are slow & backlogged.

Adelfi I think is around 3.75% as well. Some local CUs have had rates in the 3s as well like yours.
Feb 09, 2023 03:50 PM
509 Posts
Joined May 2018
vndragonslayerFeb 09, 2023 03:50 PM
509 Posts
Quote from THEOHIOSTATE :
Everyone should just wait until march 1st to see what the announcement is, if you haven't already ordered. Most likely you won't get the car on time any way if you purchased now.
n lose out on blanket 7500 tax credit and not to mention increased msrp prices.. only fools would listen
1
Feb 09, 2023 03:59 PM
529 Posts
Joined Oct 2009
qwerty9999Feb 09, 2023 03:59 PM
529 Posts
Is anyone in the Northern VA area who has a reservation and wants to give it away? I could not take my delivery because of some reasons. Please PM.
Feb 09, 2023 04:02 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 09, 2023 04:02 PM
85 Posts
Quote from techie_review :
I Finished all the tasks in the tesla app still showing the same EDD date 02/18 - 03/25
My EDD just updated to Feb 16-25th 😊
Feb 09, 2023 04:04 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 09, 2023 04:04 PM
85 Posts
Quote from Eltoroz00m :
Same w/ PSE&G.
I received my vin on Feb 4th, order date was 1/14 and my new EDD is Feb 16-25th.
Feb 09, 2023 04:10 PM
4,025 Posts
Joined Mar 2006
skinnywallet42Feb 09, 2023 04:10 PM
4,025 Posts
Quote from Nos4r2 :
I received my vin on Feb 4th, order date was 1/14 and my new EDD is Feb 16-25th.
Congrats. My date was recently revised to 2/7-2/19, it's been slipping every day, but it's currently 2/9-2/19 as of this morning. Ordered 1/15 morning. I do expect a VIN assigned soon, but I'm not in a rush either. Need to clean my garage to fit the 2nd car.

Random, but I did get a text message from Tesla yesterday, informing me of the new 80K limit for Model Y, and for me to add any upgrades like color, wheels, etc., if I was considering it.

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Feb 09, 2023 04:20 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 09, 2023 04:20 PM
1,433 Posts
Quote from Nos4r2 :
My EDD just updated to Feb 16-25th 😊
Ohhh wow nice !!! congrats .... i am still waiting on my VIN *SIGH*
Feb 09, 2023 04:38 PM
20 Posts
Joined Nov 2015
LovelyLife2014Feb 09, 2023 04:38 PM
20 Posts
Quote from skinnywallet42 :
Congrats. My date was recently revised to 2/7-2/19, it's been slipping every day, but it's currently 2/9-2/19 as of this morning. Ordered 1/15 morning. I do expect a VIN assigned soon, but I'm not in a rush either. Need to clean my garage to fit the 2nd car.

Random, but I did get a text message from Tesla yesterday, informing me of the new 80K limit for Model Y, and for me to add any upgrades like color, wheels, etc., if I was considering it.
I too got message from Tesla for same!
Feb 09, 2023 04:40 PM
20 Posts
Joined Nov 2015
LovelyLife2014Feb 09, 2023 04:40 PM
20 Posts
Quote from CycloneFW :
4.99% - My check arrived yesterday. It could be another 0.25% less if you were buying an EV from a traditional dealer and use the car buying service.

For reference, my other two Teslas with DCU are 1.49% and 1.74%, but of course I didn't get the loan in 2022-3.
I thought DCU final rate is 4.99% which is including EV .25 % reduction
Feb 09, 2023 04:41 PM
1,567 Posts
Joined Mar 2008
rkingjFeb 09, 2023 04:41 PM
1,567 Posts
Ordered on Jan 15 around noon, Silver without add on. My EDD is Feb 8- March 8. Nothing happen now. No VIN number, no any further information.
Feb 09, 2023 04:49 PM
47 Posts
Joined Jun 2015
ahtexas07Feb 09, 2023 04:49 PM
47 Posts
Quote from rkingj :
Ordered on Jan 15 around noon, Silver without add on. My EDD is Feb 8- March 8. Nothing happen now. No VIN number, no any further information.
Which city/state??
Feb 09, 2023 04:54 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 09, 2023 04:54 PM
1,433 Posts
Quote from skinnywallet42 :
Congrats. My date was recently revised to 2/7-2/19, it's been slipping every day, but it's currently 2/9-2/19 as of this morning. Ordered 1/15 morning. I do expect a VIN assigned soon, but I'm not in a rush either. Need to clean my garage to fit the 2nd car.

Random, but I did get a text message from Tesla yesterday, informing me of the new 80K limit for Model Y, and for me to add any upgrades like color, wheels, etc., if I was considering it.
Woaaahh congrats, i feel like im next in line for order date 01/17 .... ATL, GA

I was thinking about change my color to different one but dont see any texts yet. I also dont want it to impact my delivery date so ill stick to

MYLR
White/Black
No Upgrades
Order date: 01/17
Decatur, GA
Feb 09, 2023 05:01 PM
1,567 Posts
Joined Mar 2008
rkingjFeb 09, 2023 05:01 PM
1,567 Posts
Lol NE..........
Quote from ahtexas07 :
which city/state??

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Feb 09, 2023 05:14 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 09, 2023 05:14 PM
1,433 Posts
Hi Guys any comments on Georgia power off peak $$

i am new to EV and wanted to know your thoughts ? is this good bad ? how does it compare to you ?

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